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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 33-2872702

HEART OF NIKO FOUNDATION

Tax-exempt · LAKE ORION, MI 48360

Financials

$148K$6K2025
Revenue Expenses · by fiscal year end
Financials of HEART OF NIKO FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$147,721$6,073$141,648$141,648–$141,648
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$150,210
Investment income
$2,437
Net income from fundraising events
-$4,926

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$6,073

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$141,648
Total liabilities, end of year
–
Net assets, end of year
$141,648
Cash, savings and investments
$141,648
Gross receipts
$192,776

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Kari PerazzaPresident25$0
Timothy HooverTreasurer3$0
Marisa HollowaySecretary3$0
Steven JensenVice President2$0
Julie WahrmanDirector1$0

Address and contacts

Address (IRS master file)
2330 GALAXY WAY, LAKE ORION, MI 48360-1917
In care of
% KARI PERAZZA
Signed the 990-EZ
Timothy Hoover, Treasurer

Mission

The Heart of Niko Foundation provides financial assistance to young athletes who demonstrate passion character and determination but face financial barriers that limit their ability to participate in organized sports. The Foundation was created in memory of Niko Perazza a talented young athlete who loved baseball and basketball and played both sports with passion joy and heart. In December 2022 Niko was diagnosed with LMNA dilated cardiomyopathy a rare and life-threatening heart condition. Despite the diagnosis Niko continued to live with courage humor determination and faith working tirelessly to return to competitive sports. Niko unexpectedly passed away on January 9 2026. Nikos resilience and perseverance inspired the creation of the Foundation that is dedicated to providing financial resources to baseball basketball and softball players in need of assistance to continue playing their games and in turn develop important skills linked to success in adulthood.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • The Heart of Niko Foundation was created to expand opportunities for youth athletes who demonstrate passion determination and character but face financial barriers that limit their ability to participate in organized sports. Our grant program focuses primarily on athletes participating in baseball softball and basketball the sports that Nicholas "Niko" Perazza loved and played with passion and joy. Through financial assistance for equipment league fees travel costs training and camps the Foundation helps ensure that young athletes can continue to compete develop and grow through sports. To date the Foundation awarded $14,300 in grants assisting 5 athletes. The impact on these athletes extends far beyond athletics. Participation in sports fosters discipline leadership resilience teamwork and confidence. These skills shape young people into stronger students teammates and future community leaders. By removing financial barriers to participation the Heart of Niko Foundation helps ensure that young athletes are not excluded from opportunities that can positively influence their personal development and long-term success. Through these efforts the Foundation transforms Nikos powerful story of perseverance into meaningful opportunities that benefit youth families and communities. The Heart of Niko Foundation measures the success of its grant program through both direct and long-term outcomes. Key performance indicators include: number of youth athletes receiving grants annually amount of financial assistance distributed for sports participation number of athletes supported in baseball softball and basketball programs continued athletic participation of grant recipients personal development outcomes reported by families coaches and athletes. In addition the Foundation tracks how financial assistance directly removes participation barriers allowing athletes to join teams access training opportunities and compete in events they otherwise would not have been able to afford. Through these measurable outcomes the Foundation ensures that funding is translated into real opportunities for youth athletes while maintaining transparency and accountability for supporters and grant partners.
    grants $14,300

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

File the 2026 990-EZ for HEART OF NIKO FOUNDATION

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
33-2872702
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$141,648
Income (IRS master file)
$192,776

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$147,721$6,073$141,648IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-2872702).

Questions about HEART OF NIKO FOUNDATION

What is the EIN of HEART OF NIKO FOUNDATION?
The employer identification number (EIN) of HEART OF NIKO FOUNDATION is 33-2872702.
Is HEART OF NIKO FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to HEART OF NIKO FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HEART OF NIKO FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HEART OF NIKO FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEART OF NIKO FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of HEART OF NIKO FOUNDATION?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does HEART OF NIKO FOUNDATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $147,721, expenses of $6,073 and total assets of $141,648 at year end.

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